Avantis Real Estate ETF (NYSEARCA:AVRE) Shares Acquired by Hill Investment Group Partners LLC

Hill Investment Group Partners LLC raised its stake in Avantis Real Estate ETF (NYSEARCA:AVRE) by 7.6% during the second quarter, HoldingsChannel.com reports. The fund owned 603,784 shares of the company’s stock after acquiring an additional 42,487 shares during the quarter. Avantis Real Estate ETF accounts for about 4.5% of Hill Investment Group Partners LLC’s holdings, making the stock its 10th largest position. Hill Investment Group Partners LLC owned approximately 0.07% of Avantis Real Estate ETF worth $24,719,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Jane Street Group LLC bought a new stake in shares of Avantis Real Estate ETF during the fourth quarter worth $8,996,000. Aprio Wealth Management LLC bought a new position in Avantis Real Estate ETF in the second quarter valued at about $8,911,000. Seaside Wealth Management Inc. acquired a new position in Avantis Real Estate ETF in the second quarter valued at about $6,298,000. CI Private Wealth LLC acquired a new position in Avantis Real Estate ETF in the fourth quarter valued at about $5,363,000. Finally, Lam Group Inc. lifted its stake in Avantis Real Estate ETF by 109.3% in the second quarter. Lam Group Inc. now owns 192,880 shares of the company’s stock valued at $7,897,000 after buying an additional 100,730 shares during the period.

Avantis Real Estate ETF Trading Up 0.5 %

Shares of NYSEARCA AVRE traded up $0.20 during mid-day trading on Monday, reaching $39.47. 7,578 shares of the company’s stock were exchanged, compared to its average volume of 45,911. The firm has a market capitalization of $322.08 million, a price-to-earnings ratio of 18.02 and a beta of 0.96. The business has a fifty day simple moving average of $37.75 and a 200 day simple moving average of $39.81. Avantis Real Estate ETF has a twelve month low of $35.03 and a twelve month high of $46.23.

About Avantis Real Estate ETF

The Avantis Real Estate ETF (AVRE) is an exchange-traded fund that is based on the S&P Global REIT index. The fund is an actively managed fund that provides broad exposure to real estate securities around the world. AVRE was launched on Sep 28, 2021 and is managed by American Century Investments.